166 Montclair AveMontclairNJ07042
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Montclair at 166 Montclair Ave, Montclair, NJ, 07042 earns from $5,902/mo rent with a $8,688/mo payment. Total monthly income totals $5,902/mo. ROI tracks 6.28% on current figures, and rental yield reads 3.99% at a $1,775,000 purchase. Equity gained on principal adds $11,454/yr, and 5% annual appreciation supports $490,400 over five years. Five-year ROI reaches 30.94% and total cumulative return in cash sums $177,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,902/mo property income instead of your personal income.
Single Family
Built in 1915
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07042, Montclair, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,932 (100%) |
| Owner Occupied HU | 5,166 (43.3%) |
| Renter Occupied HU | 6,248 (52.4%) |
| Vacant Housing Units | 518 ( 4.3%) |
| Median Home Value | $820,298 |
| Average Home Value | $907,117 |
Housing Distribution
Address Breakdown
Residential
11,323
Single Family
7,828
Multi-Family
3,495
Businesses
1,455
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Listed by: Karin A. Diana • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #4007466